In this episode of Speaking of Quality, Hank Smith and a panel of industry leaders and colleagues from The Haverford Trust Company dig into Haverford Trust’s 2025 Outlook, unpacking economic and market trends from 2024 and looking ahead to what listeners can expect in 2025. Hank is joined by Haverford Trust’s President Keith Aleardi, Vice President & Director of Global Strategies Maxine Cuffe, Chief Investment Officer Tim Hoyle, and Vice President & Director of Fixed Income John Donaldson for a dynamic conversation that touches on the impacts of the AI revolution, anticipated changes in government regulation, and trends in consumer spending.
Episode Summary
[03:35] 2024 Markets Recap
[08:26] Interest Rates and Volatility
[15:34] Headwinds Turning to Tailwinds
[17:22] Job Market
[22:35] Positioning Bond Portfolios
[27:32] Positioning Stock Portfolios
[29:43] Emerging Markets
[36:46] Tariffs
[41:03] Odds of a Recession in 2025
Podcast: Speaking of Quality: Wealth Management Insights with Hank Smith
Season 4 Episode 1 Title:2025 Outlook: Uncovering Economic and Market Trends
Episode Transcript: Coming soon
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Disclosure
This podcast is provided as general commentary and market overview and should not be relied upon as research, a forecast or investment advice and is not a recommendation, offer, or solicitation to buy or sell any securities or to adopt an investment strategy. Any opinions expressed are as of the date this podcast was recorded and may change at any time and are the opinions of that commentator not Haverford’s. Any opinion or information provided are believed by Haverford to be reliable at the time of this podcasts recording but are not necessarily all inclusive or guaranteed for accuracy. Any index returns presented are for informational purposes only and are not a guarantee of future performance. Indices are unmanaged, do not incur fees or expenses, and cannot be invested in directly. Before making any financial decisions, please consult with an investment professional. Past performance may not be a guarantee of future results. Therefore, no one should assume that the future performance of any specific investment or investment strategy (including the investments and/or investment strategies discussed in this strategy), will be profitable or equal to past performance levels.